💡 Trade Idea
📈 USD/CHF | Buy Limit Order @ 0.9240
🎯 Target Profit 0.9372
🛑 Stop Loss 0.9196
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
The price was in a clear upward movement before posting a correction count in a form of a wedge pattern. We have confluence zone between the daily support and the trendline of...
This broke above resistance and is now retracing to test it as support. Looking for a long entry between 0.382 and 0.5 Fibonacci, can use 1HR timeframe with MACD to more accurately pinpoint when this turns higher.
Above there is a big resistance level so I am setting the TP at the bottom of this at 0.91833 and SL is just below 0.786 Fib
USDCHF buy idea is a clear as daylight, pretty much confident that price will playout as follows. Price will push up, and then retrace before another strong push to the upside, I will enter after the retracement takes places. Amazing R:R. Nothing but price action trading we do over here. However, I am also aware that we are at a key support level so, we also...